William Kaye – The Savage Gold War Behind The Scenes

With global stocks, the US dollar, and gold all surging, today one of the savviest and well connected hedge fund managers in the world sent King World News the most amazing chart concerning what is happening in the gold market. Outspoken Hong Kong hedge fund manager William Kaye also spoke with KWN about what is really going on behind the scenes in the gold war. Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, and also ran money for George Soros, had this to say in part II of his remarkable interview.

Kaye: “As you and I are talking now, we’re a little bit below $1,250 on gold which is ridiculously low. On the numbers we are looking at that would mean that roughly half of the production of the mining community of the world is unprofitable, which is stunning when you think about it.